SpaceX just locked in its second massive AI compute contract in as many months. This time, the client is Google.
The multi-year cloud services agreement with Alphabet’s Google will see the search giant pay SpaceX $920 million per month starting in October 2026 and running through June 2029. Over roughly 32 months, the deal is projected to total approximately $30 billion. It grants Google access to around 110,000 Nvidia GPUs housed in SpaceX’s data center infrastructure.
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The Google deal follows a similar, and even larger, arrangement with Anthropic that was revealed on May 6, 2026. Under that contract, Anthropic committed to $1.25 billion in monthly payments running until May 2029. That deal grants Anthropic exclusive access to Colossus 1, SpaceX’s sprawling data center facility in Memphis, Tennessee.
Colossus 1 houses more than 220,000 Nvidia GPUs and runs on 300 megawatts of power capacity. Combined, the two deals generate approximately $26 billion in annual recurring revenue.
